We don’t really need yet another assets protocol especially not one that wants to be “the new standard” like BitcoinXT’s desire for BTC. Read the reddit, you find some interesting comments by the other asset protocol developers.

Colored coins are a class of methods for associating real world assets with addresses on the bitcoin network. Examples could be a deed for a house, stocks, bonds or futures. The technology could also be used to track and register intellectual property assets. Through 2014/15 it was suggested that various coloured coin protocols could be of interest to banks and major financial institutions. This prediction came true in June 2015 when NASDAQ announced they were developing a system in partnership w...

Colored coins are a class of methods for associating real world assets with addresses on the bitcoin network. Examples could be a deed for a house, stocks, bonds or futures. The technology could also be used to track and register intellectual property assets. Through 2014/15 it was suggested that various coloured coin protocols could be of interest to banks and major financial institutions. This prediction came true in June 2015 when NASDAQ announced they were developing a system in partnership w...